China National Medicines' 2024 Profit Down 7%, Revenue Up 2%

MT Newswires Live
20 Mar

China National Medicines (SHA:600511) posted 2024 net profit attributable to shareholders of 2.00 billion yuan, or 2.6509 yuan per share, down 6.8% from 2.15 billion yuan, or 2.8443 yuan per share, the previous year.

The revenue of the Sinopharm Group (HKG:1099) unit climbed 1.8% year over year to 50.6 billion yuan from 49.7 billion yuan, according to a filing with the Shanghai bourse.

The company declared a cash dividend of 0.80 per share for 2024.

Shares of China National Medicines were down 2% in recent trade.

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